Historically, there has been a strong link between the volume of automobile exports from Japan to the US and the yen/dollar exchange rate.

Question

Quizplus · Accepted Answer

The yen/dollar exchange rate has a significant impact on the competitiveness and pricing of Japanese automobiles exported to the US market. When the yen strengthens against the dollar, it makes Japanese cars more expensive for American buyers, which can result in lower sales and exports. Conversely, when the yen weakens against the dollar, it makes Japanese cars more affordable and attractive to American consumers, leading to higher sales and exports. Therefore, there is a strong link between the volume of automobile exports from Japan to the US and the yen/dollar exchange rate.

Historically, There Has Been a Strong Link Between the Volume